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Ormat Technologies price target lowered to $108 from $116 at JPMorgan

JPMorgan analyst Mark Strouse lowered the firm’s price target on Ormat Technologies (ORA) to $108 from $116 and keeps a Neutral rating on the shares. The company reported a slight beat in Q4 with a fiscal 2026 outlook that met expectations, the analyst tells investors in a research note.

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